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Painted Pony Pete Ltd PDPYF

Energy
"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by righand2on Mar 20, 2017 9:16am
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Post# 26001216

RE:RE:RE:invesco email address

RE:RE:RE:invesco email address
uograd wrote: to make a statement like that is pretty ridiculous.

The stock is down 40% in the last 3 months, the company has first set their budget and growth plans, then immediately back tracked and cut the budget and growth plans and then did one of the most dilutive ridicilous deals in history where the diluted themselves by 60 per cent to gain at best 20% in real reserves.


Yeah, PPY's management was to blame for the second record warm winter in a row, which hammered natural gas prices and scared away all of the investors that were looking for a bullish supply/demand scenario to unfold. Idiot.

And now you resort to lying about the reserves in the acquisition? I'm not sure what your game is here, but as far as I am concerned, you can fck right off.
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